Listing Info
LISTING INFO
5376 Lake Chelen Dr., Fort Worth TX 76137
What does auction mean for 5376 Lake Chelen Dr., Fort Worth TX 76137 The auction process to manage real estate sales. Multiple offers with increased transparency. The only losers are those who do not place a bid. SOLD & CLOSED 5376 Lake Chelen Dr., Fort Worth TX 76137 House SOLD at Auction...
855 Prairie Creek Dr., Grand Prairie TX 75052
What does auction mean for 855 Prairie Creek Dr., Grand Prairie TX 75052 The auction process to manage real estate sales. Multiple offers with increased transparency. The only losers are those who do not place a bid. Contract Pending For more information about pending contracts Grand Prairie TX...
What is an unfair advantage in bidding?
If a group of people conspire against the seller to suppress the bidding in any process is unfair in the fact that some may be discouraged to participate. In an instance that any Real Estate Professional and their buyers disparages the process or any group of real estate agent under the control of...
What does it cost to sell something at your auction?
Talk to the Auctioneer about the fees, commissions and other costs associated with selling real property. For Other Questions About Auctions & Auctioneers For all active auctions and properties for sale For other words and definitions related to real estate auctionsContactGet...
What forms of payment do you accept at your auctions?
Cash, Wire Transfer Guarantee Letters may be acceptable from of payment. See the Terms and Conditions of Sale for what may be accepted for each auction. Remember an individual auction is a sperate sale and terms are most certainly different each time. For Other Questions About...
Can I offer less than what I see has been offered?
Buyers’ choice to bid what they prefer is viable and may be entertained. Present the auctioneer with the bid and see what happens. For Other Questions About Auctions & Auctioneers For all active auctions and properties for sale For other words and definitions related to real...
Is there something wrong with the property?
Having a property sold at auction is not necessary a desperation move. Would the MONA LISA sell from desperation… well NO. So, think about why real estate would he sold by an auctioneer. The simple answer is the seller deserves competitive offers, public awareness and an open marketplace...
How much should I offer for the property?
The amount offered is a decision for the buyer. The buyer may gain assistance from an appraiser, real estate agent, retain a broker price opinion or consider valuation models to help determine the price the buyer would pay. Ultimately, it is the buyers own decision to offer the price they are...
Can I inspect the property?
The Uniform Commercial Code provides for reasonable inspection. In most cases the auctioneer will open the property in advance for such inspection. Inspection periods may take places with a scheduled appointment by contractors, licensed inspectors, agents or the buyer may perform their own due...
What is Match The BID?
When the seller observes the bidding process, at t any point the seller may accept the bid as presented. If the bid is less than the reserve, the seller, upon such observation the seller may order the auctioneer to reduce the reserve and match the highest bid ultimately authorizing the sale at...
Our Latest Listings
Open House
Open House When the seller’s real estate agent opens the seller’s house to the public. You don’t need a real estate agent to attend an open house. Real estate words and definition For other words and definitions related to real estate auctions For all active...
Offer
Offer A formal bid from the home buyer to the home seller to purchase a home. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale ContactGet InTouchEmail:...
Note Rate
Note rate The interest rate stated on a mortgage note, or other loan agreement. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale ContactGet InTouchEmail:...
Note
Note A written promise to pay a specified amount under the agreed upon conditions. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale ContactGet InTouchEmail:...
Appreciation
Appreciation An increase in the market value of a home due to changing market conditions and/or home improvements. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale...
Non-Liquid Asset
Non-Liquid Asset An asset that cannot easily be converted into cash. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale ContactGet InTouchEmail: 411@myersjackson.com...
Application Fee
Application Fee The fee that a mortgage lender or broker charges to apply for a Arbitration: A process where disputes are mortgage to cover processing costs. Real estate words and definition For other words and definitions related to real estate auctions For all...
Net Worth
Net Worth The value of a company or individual’s assets, including cash, less total liabilities. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale ContactGet...
Annuity
Annuity An amount paid yearly or at other analysis of the property, including examples regular intervals, often at a guaranteed of sales of similar properties in order to deminimum amount. Also, a type of insurance velop an estimate of the value of the proppolicy in...
Net Monthly Income
Net Monthly Income Your take-home pay after taxes. It is the amount of money that you actually receive in your paycheck. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for...
Negative Amortization
Negative Amortization An increase in the balance of a loan caused by adding unpaid interest to the loan balance; this occurs when the payment does not cover the interest due. Real estate words and definition For other words and definitions related to real estate...
Annual Percentage Rate (APR)
Annual Percentage Rate (APR) Annual Percentage Rate (APR): The cost of a loan or other financing as an annual rate. The APR includes the interest rate, points, broker fees and certain other credit charges a borrower is required to pay. Real estate words and...
Creditworthy
Creditworthy Your ability to qualify for credit and repay debts. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale ContactGet InTouchEmail: 411@myersjackson.com...
Creditor
Creditor A person who extends credit to whom you owe money. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale ContactGet InTouchEmail: 411@myersjackson.com Phone:...
Credit Score
Credit Score A numerical value that ranks a borrower’s credit risk at a given point in time based on a statistical evaluation of information in the individual’s credit history that has been proven to be predictive of loan performance. Real estate words and...
Credit Report
Credit Report Information provided by a credit bureau that allows a lender or other business to examine your use of credit. It provides information on money that you’ve borrowed from credit institutions and your payment history. Real estate words and definition...
Credit Life Insurance
Credit Life Insurance A type of insurance that pays off a specific amount of debt or a specified credit account if the borrower dies while the policy is in force. Real estate words and definition For other words and definitions related to real estate auctions...
Credit History
Credit History Information in the files of a credit bureau, primarily comprised of a list of individual consumer debts and a record of whether or not these debts were paid back on time or “as agreed.” Your credit history is called a credit report when provided by a...
Fixed-Rate Mortgage
Fixed-Rate Mortgage A mortgage with an interest rate that does not change during the entire term of the loan. Real estate words and definition For other words and definitions related to real estate auctions For all active auctions, and properties for sale...
Credit Bureau
Credit Bureau A company that gathers information on consumers who use credit. These companies sell that information to lenders and other businesses in the form of a credit report. Real estate words and definition For other words and definitions related to real...